Ethereum may fall to $990...price trend similar to 2022

An analysis has emerged predicting that Ethereum (ETH), the second-largest cryptocurrency by market capitalization, could fall to $990.
As of the 8th (local time), the current price trend of Ethereum is
, which turned out to be similar to 2022. At the time, Ethereum rose sharply, then plummeted and entered a long-term bear market.
According to Cointelegraph, "Typically, a bottom is reached when the Relative Strength Index (RSI) falls below 30.
"Ethereum's RSI is currently above 30, but if it falls below that, it could drop to $990," he said.
As of 10:22 a.m. on the 9th, Ethereum was trading at $1,411 on CoinMarketCap.